business

Getting the Most from Your Financial Statements

What Best Practices should you follow when conducting a Financial Review to ensure your decision-making is based on a thorough understanding of your business? This article provides pointers to help you get the most out of your Financial Statements.

change

Put your own oxygen mask on first

By adopting buffering strategies, business leaders are not only helping themselves but they’re also helping their teams gain focus and clarity.

business advice

Is Your Business Model Standing the Test of COVID-19?

Your Business Model is not something you change lightly. Only fundamental shifts in your market, vision or business priorities will justify modifying how you make money. That said, a vibrant and resilient organisation is ultra-sensitive to change and responds quickly.

cash flow

From COVID-19 Survival to Resilience

Survival has been on the minds of many leaders recently. But businesses are shifting their focus to resilience. What does it take to build businesses that can survive AND thrive in the longer term? Past methods may not work as well in the ‘new’ environment. Then again, what will really change? In this article, we’ll look at some attributes of resilient businesses.

cash flow

Managing (and Getting Help) Through a Business Crisis

Recent global events are testing the mettle of even the most experienced leaders. What skills are necessary in this time of uncertainty? What leadership traits will help steer a business through the multitude of challenges and threats? Read on for leadership ideas which can be applied in your business.  

business

The Importance of Categorising Your Customers

While customers are important, not all are alike. Classify yours to help you understand which groups represent the most value to your business and will help you identify your most profitable segments with target services and communications.

accountability

Cyber policies should cover these points

Continuing our focus on cybersecurity, we list 10 cyber policies and nine governance questions for business owners.

change

Fail fast

By virtue of the fact that you’re reading this article, is it fair to say you’d like to try something different to create a better business than the one you have right now? To do so often requires changing something in your business, but there are two big inhibitors to doing the things that will enable it.

business sale or succession

Maximise business value before sale

There are a number of methods to increase value within this time horizon and the increased payoff can be enormous relative to the company’s current value, which we discuss in this article.